“The education system fundamentally shapes future development potential and opportunities,” Wang said, adding that for an intelligent individual entering university, studying frontier knowledge versus 20-year-old textbook materials created “a stark gap”. Born in 1990 in Zhejiang province in eastern China, the tech entrepreneur did not study at one of the country’s most sought-after universities. During…
China can learn from the United States when it comes to applying civilian innovations to the military, a Chinese geopolitical expert has said. In an article last week, Gu Jianyi, a researcher at Shanghai Jiao Tong University, said China could consider developing a new industrial ecosystem inspired by successful US firms such as SpaceX, Palantir…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China’s analogue AI chip could work 1,000 times faster than…
On Wednesday, leaders in business, art, fashion, and technology gathered on the 102nd floor of New York’s One World Trade Center for a TIME100 Impact Dinner. The event orbited around a panel, moderated by TIME’s editor-in-chief Sam Jacobs, that discussed how AI could shape the future of fashion—particularly from a customer’s perspective. The panelists were…
In the corridors of Western think tanks and financial institutions, a familiar refrain has grown louder: China’s economy is stumbling, its growth model is exhausted, and its technological ambitions are overreaching. Yet while skeptics sharpen their prophecies of doom, something consequential is unfolding across the Pearl River Delta — a transformation that suggests the doomsayers…
As China’s leadership meets this week to chart a policy course for the 15th five-year plan – China’s development blueprint for the rest of the decade – events that unfolded more than 70 years ago are echoing again. The growing external challenges of today have similarities to those the country faced in the 1950s –…
When the Chinese government launched the “AI+” initiative in August, it was widely perceived as a new economic stimulus. However, observers may have underestimated Beijing’s true ambition. On October 10, senior officials and experts published a series of analyses in the official journal E-Government, offering the public its first comprehensive look at the initiative’s deeper…
Another year, another double-digit gain for the S&P 500. But while AI seems to be an unstoppable force propping up the three-year bull rally, Bank of America says unique risks are emerging. Much of the market’s gain since the October 2022 low has been driven by endless enthusiasm for AI, and companies have supported investors’…
OpenAI’s next move in its battle against Google is an AI-powered web browser dubbed ChatGPT Atlas. The company announced it in a livestreamed demo after teasing it earlier on Tuesday with a mysterious video of browser tabs on a white screen. ChatGPT Atlas is available “globally” on macOS starting today, while access for Windows, iOS,…
Here is a funny thing about valuation “bubbles” involving financial instruments. In every individual case, you unavoidably end up asking: “What were they thinking?” Or stated differently, what causes a significant part of the supposedly rational investing public to collectively lose their minds for a relatively brief period? A few tulip bulbs, for example, were…